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Author Topic: Saving Bitcoins for your Children.  (Read 24422 times)
StanTheCat
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November 03, 2017, 12:11:42 AM
 #621

Hi yes I bought Bitcoin for both my son and daughter, I gave them paper wallets which are now in safe keeping and I send them a small amount each month
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November 03, 2017, 12:15:49 AM
 #622

I think it is pretty good to save bitcoins for our children which is like making an investment on their name that really helps them like a surprising aspect when we teach them also it reduces our future burden when they grow up, so its good to save bitcoins for our children.

saving bitcoins for future is like investing our future young when we are young, so save the bitcoin for children also.
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November 03, 2017, 02:52:37 AM
Last edit: November 03, 2017, 03:14:04 AM by YoungMaster
 #623

Saving bitcoins for your own Children is such a great vision for parents nowadays. Since the price keeps growing up, it can cover your children education bills.

The way to keep it private from other, You should print the seeds/private key then get a briefcase which has lock and put it in. Keep in mind if you are the only one know the briefcase's combination lock.

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November 03, 2017, 03:18:05 AM
 #624

I thinks that is the best idea because all the best we got in this world is our children and  saving for thier future is a big help for them to start up, we do not know what will happen in the future.
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November 03, 2017, 03:40:05 AM
 #625

Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.

BTC

So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Huh Huh Huh
Why do we have to save bitcoin for the future of the kids? We can use bitcoin to create bitcoins for future  kids why saving it?
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November 03, 2017, 06:44:46 AM
 #626

Saving Bitcoin is a great idea not only for our children, but also for ourselves, our families in general. The price after some years will become a lot higher than the actual price, most likely. So the holders will earn really big profit.

i think thats good idea saving for my children future because the value of bitcoin is going higher everytime and i want give my children better education if I have more money. Technology develops so quickly, can't image what the world looks like when they grow up, at least they should be prepared to have enough knowledge to understand like what cryptocurrency is. Some money is also good for them to start with.

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November 03, 2017, 01:17:44 PM
 #627

I will keep my bitcoin not just for my children but to prepare in a precarious state that may happen anytime. Preparing for the future and saving is our first priority because we know about it not all the time we are in good health and financially stable. If that happens then there is something we can rely on. Wink
yurekaa
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November 03, 2017, 01:28:04 PM
 #628

is not good for me. that is my thought.
i will teach them about bitcoin later if crypto still exist. but not save bitcoin for them.
sell and invest on other ways is good choice than still in bitcoin, because i dont know when bitcoin disappear.

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jhache
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November 03, 2017, 01:30:26 PM
 #629

Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.

BTC

So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Huh Huh Huh


Im saving bitcoin for the future of my childrens and their other expenses because we dont know what will happen to us As of now that we are still here I know that is the best is saving now because it will help them in their education also in their future.

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November 03, 2017, 01:30:55 PM
 #630

I do not have kids of my own but will save some bitcoin for my nephew, I am going to store them in a paper wallet and keep a record of how to access it as well as giving one to my sister (his mother) for safe keeping.

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Casmania
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November 03, 2017, 01:48:20 PM
 #631

Saving Bitcoin is a great idea not only for our children, but also for ourselves, our families in general. The price after some years will become a lot higher than the actual price, most likely. So the holders will earn really big profit.

i think thats good idea saving for my children future because the value of bitcoin is going higher everytime and i want give my children better education if I have more money. Technology develops so quickly, can't image what the world looks like when they grow up, at least they should be prepared to have enough knowledge to understand like what cryptocurrency is. Some money is also good for them to start with.

That's somewhat a nice idea to implement with the system of every person who has a big family,  because saving bitcoin has no boundaries. Everybody can do it specially when you have good plans for your kids in the future. Technology develops every year so we needed the  educate also the kids that we have, and I know that you won't regret teaching those kids with crypto currencies as well as bitcoin digital currency is really concerned.
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November 03, 2017, 02:22:23 PM
 #632

I don’t have children atm but when I do reach a point where I’m ready to sell my coins I will always leave a small % in cold storage for a rainy day.

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November 03, 2017, 02:54:30 PM
 #633

I think it is brilliant idea. If not for children (those who dont have children) then for future or it could be like pension for old days. Buy today for 7K for 10 years it maybe worth 100.000 :-)

Eyesvenger
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November 03, 2017, 02:57:09 PM
 #634

I think it is good to save bitcoin for your children because then they wont have to work hard in their future and can buy a lot of things they want. And probably in the future bitcoin will be used worldwide witch means that the value would be high.
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November 03, 2017, 03:07:40 PM
 #635

This is a good idea, I want to save it for my children's future purposes and advance saving for my family too. I hope my children's future will so bright with bitcoin. So I keep bitcoin to them, because bitcoins is one of the best things can invest and has really good potential because the prices are increasing each year.

Yes saving your bitcoins for your children is a good one. If you do that they live a life much better than you now. They will have more money so they can spend more with it.

I have now not so many coins, but i try to get coins. Mosly from airdrops.
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November 03, 2017, 03:22:46 PM
 #636

A team of creative technologists based in Denmark have launched a Kickstarter campaign for a digital piggy bank and app that enable children to save in bitcoin.

The Ernit app is connected to an interactive physical piggy bank that uses light to show children how close they are to reaching their saving goals.

According to Thomas Bjerring, founder and partner at Ernit, the idea first emerged approximately three years ago, when members of the team – most of whom are parents – began to discuss the idea of giving their children digital pocket money.
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November 03, 2017, 03:37:57 PM
 #637

I have some doubts about bitcoin savings for children. If this is going to be on very long term no one could know what the actual price will be and this could turn out tricky. And of course you have to reveal to them the data for wallet access. On the other hand if the price continue to grow in such intensive manner they could be wealthy with only few bitcoins saved and you could realy make their life easier. I don't have children so I don't know what would be the smart thing to do.

malaj
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November 03, 2017, 04:08:48 PM
 #638

I made a paper wallet for my son and I deposit a smaller amount of Bitcoins there every month. I kept it in a secret place that only me and another person knows.
Saving bitcoin for your children is nice idea and it will help you to give them birght and better future. In addition to that, one of my plan is to save more bitcoin for my children and family because it will helps me financially and I really want to give them a brigh future.
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November 03, 2017, 04:20:27 PM
 #639

I think instead of opening current account for ur child, is good you bitcoin account invest in it for ur child and you will never regret it
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November 03, 2017, 04:48:03 PM
 #640

Saving in a diversified portfolio for your kids is an amazing thing to do, and one that could make them incredibly wealthy one day, due to the power of compounding and time. BTC is part of that portfolio for me.
Saving bitcoins for the future of your children is a smart thing to do because you are not only helping yourself but as well the future of your child. You will give him or her a secure and bright future along the way. Atleast you will have money in case of any emergency about your child or whatever.  And to be saving also for the family is nice for brighter future ahead.
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